VNET Group, Inc. (VNET)
| Market Cap | 2.20B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 25.10M |
| Shares Out | 266.97M |
| EPS (ttm) | 0.02 |
| PE Ratio | 87.59 |
| Forward PE | 81.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,606,002 |
| Open | 8.76 |
| Previous Close | 9.01 |
| Day's Range | 7.86 - 8.86 |
| 52-Week Range | 1.42 - 16.13 |
| Beta | 0.07 |
| Analysts | Strong Buy |
| Price Target | 10.73 (+30.06%) |
| Earnings Date | Mar 12, 2025 |
About VNET
VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers’ servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data bac... [Read more]
Analyst Forecast
According to 3 analysts, the average rating for VNET stock is "Strong Buy." The 12-month stock price forecast is $10.73, which is an increase of 30.06% from the latest price.
News
VNET Announces the Closing of Its Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 18, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today a...
VNET Prices Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today a...
VNET Announces Proposed Offering of Convertible Senior Notes
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today a...
Vnet Group (VNET) Q4 2024 Earnings Call Transcript
Vnet Group (NASDAQ:VNET) Q4 2024 Earnings Conference Call March 12, 2025 8:00 AM ET Company Participants Xinyuan Liu – Head-Investor Relations Ju Ma – Rotating President Qiyu Wang – Chief Financial O...
VNET Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results
BEIJING , March 12, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...
3 China Stocks Soaring Over 50% YTD — While The S&P 500 Sinks
As Wall Street grapples with volatility and recession fears, China's stock market is on a tear. While the S&P 500 index is down over 4.6% year-to-date, three China-based stocks have surged more than 5...
VNET to Announce Unaudited Fourth Quarter and Full Year 2024 Financial Results on March 12, 2025
BEIJING , March 10, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...
VNET Group: REIT Injection And Capex Growth Are The Major Positives
I continue to rate VNET Group as a 'Buy', following an evaluation of its valuations and prospects. The company's forward EV/EBITDA ratio is lower than that of US and Asian peers, indicating the potent...
Top 3 Tech Stocks That May Crash In Q1
As of Feb. 24, 2025, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
This Under-the-Radar AI Stock Has Jumped 210% in 2025. What Comes Next.
Investors are betting this data-center operator will benefit from a spending spree on AI infrastrucutre.
VNET Earns First-Ever Inclusion in S&P Global Sustainability Yearbook
BEIJING , Feb. 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET Earns Industry-Leading ESG Ratings from MSCI and S&P Global for Three Consecutive Years
BEIJING , Dec. 13, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
Undercovered Dozen: Arqit Quantum, CleanSpark, Sezzle, STAG Industrial +
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued...
VNET and Dajia Investment Ink Definitive Agreement on a Pre-REITs Fund
BEIJING , Nov. 28, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET: Riding AI Waves While Retail IDC Anchors The Ship
VNET Group's Q3 2024 results beat expectations, driven by strong wholesale IDC growth from AI demand, despite soft retail IDC performance due to macro challenges. Management increased 2024 guidance fo...
VNET Group Inc (VNET) Q3 2024 Earnings Call Transcript
VNET Group Inc (NASDAQ:VNET) Q3 2024 Results Conference Call November 20, 2024 8:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Gavin Shen - Rotating President Qiyu Wang -...
VNET Reports Unaudited Third Quarter 2024 Financial Results
BEIJING , Nov. 20, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET to Announce Unaudited Third Quarter 2024 Financial Results on November 20, 2024
BEIJING , Nov. 7, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced ...
VNET Announces Changes to Board Composition
BEIJING , Nov. 1 , 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET: Turning Bullish On Results Beat And Favorable Outlook (Rating Upgrade)
VNET Group, Inc.'s actual Q2 2024 revenue and normalized EBITDA turned out to be +3.3% and +5.3% above their respective consensus estimates. The company sees its EBITDA growth accelerating from +8.9% ...
VNET Group Inc (VNET) Q2 2024 Earnings Call Transcript
VNET Group Inc (NASDAQ:VNET) Q2 2024 Results Conference Call August 27, 2024 9:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Chenggang Shen - Rotating President & GM-IDC ...
VNET Reports Unaudited Second Quarter 2024 Financial Results
BEIJING , Aug. 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET to Announce Unaudited Second Quarter 2024 Financial Results on August 27, 2024
BEIJING , Aug. 16, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET Announces Change to Board Composition
BEIJING , July 30, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...
VNET Recognized in S&P Global's Sustainability Yearbook 2024 (China) for Second Consecutive Year
BEIJING , July 16, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...